Used car sales rise in strong start to 2024

Used car sales were up in the first month of 2024 and resale values are holding steady.

That’s according to the Australian Automotive Dealer Association’s January 2024 Automotive Insights Report, created in partnership with used car market data firm AutoGrab.

“Despite the continued tightening in cost of living pressures, customers have increased their purchases of used cars in January with an increase of 7.3 per cent in cars sold compared to December 2023,” said AADA CEO…

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